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Finance

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01/31/2002

Returning to normal after Sept. 11

WITH MIKE ECCLES
Q: Sept. 11 has hit me hard financially, both personally as well as within my business. How can I get back on track?

Stock pickers like Apria, Lincare

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01/31/2002

YARMOUTH, Maine - Apria Healthcare and Lincare's stocks have gathered kudos from investment professionals over the past year.

Despite closures, 'business as usual' at Bindley Western

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01/31/2002

WESTBROOK, Maine - Bindley Western has seen half of its 16 distribution centers shuttered, including one here slated to close next month, but that's just "business as usual" for a company that's been recently acquired, according to industry sources.

Ludicrous study

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01/31/2002

The article about the study showing DME's don't inform Medicare beneficiaries (see "Study: Suppliers do little to inform beneficiaries," Dec. 15, 2001, p. 8) is totally ludicrous.

"Who pays? You pay" pays off

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01/31/2002

WASHINGTON - A recent OIG follow-up of a 1998 study shows that the group's "Who pays? You pay" campaign to educate beneficiaries about Medicare fraud has worked, for the most part.

OIG keeps the heat on AWP

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01/31/2002

WASHINGTON - The OIG continued its efforts last month to prove that average wholesale pricing should not be used when determining Medicare and Medicaid reimbursement.

Can Kamen's Segway scooter breach the HME divide?

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01/31/2002

It went by IT and Ginger, now it's known as the Segway Human Transporter. But more important than its moniker is its application - specifically, whether it has a place in the home medical equipment industry.

CMS issues new codes for diabetic shoe inserts

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01/31/2002

WASHINGTON - CMS has discontinued the HCPCS code for multiple-density inserts for diabetic shoes (A5502) and replaced it with three new codes. Industry sources say the impact of the change won't be clear until CMS establishes allowables.

S.C. Medicaid reinstates co-pays for diabetic supplies

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01/31/2002

GREENVILLE, S.C. - The Medicaid program here has decided to reinstate its co-payments for diabetic supplies but they're "sticking to their guns" for other HME like rehab equipment, according to the state HME association.

Providers (not bennies) must file claims for glucose supplies

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01/31/2002

Providers (not bennies) must file claims for glucose supplies
WASHINGTON - An advisory that Medicare will no longer accept claims filed by beneficiaries for glucose supplies and test strips starting April 1 should serve only as a reminder to most HME providers.

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